Investment News

FHP Property Consultants acting jointly with LSH, are pleased to announce the marketing of the freehold office investment at Cartwright House on Riverside Business Park. The property is fully let at an annual rent of £122,495 per annum and is available at a quoting price of £1.5 million which reflects a net initial yield of 7.7% after purchaser’s costs.

Mark Tomlinson, Associate Director at FHP Property Consultants, who is marketing the property, commented:

“This property offers an excellent quality office premises within an established location amongst occupiers such as Experian, Allianz Insurance and the Ministry of Justice. The property is fully let with Atos Medical having recently taken a new lease on the first floor and Crawford & Co, a long established tenant on the ground floor.

I feel that this property offers a good investment with potential for rental growth and we expect to bring forwards good levels of interest for the property.”

For further information on this property please contact Mark Tomlinson on 0115 841 1134 or mark@fhp.co.uk. Alternatively, you can contact the joint agent, Ankur Chadha at LSH on 0121 237 2367.

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